MOVIE REVIEW: IF OIL RUNS OUT
According Simmons and Domjan, we discover fewer and fewer major oil fields each year with 16 major oil fields in 2000, 9 in 2001 and only 1 in 2005. This put enormous pressure not only the big economies but also on developing countries. These developing countries and in particular Zimbabwe, where the inflation rate is just below 1000%, experience already and are in an oil crisis, don’t even to talk about 2016. These two analysts explain the addiction of the West on oil, with studies estimating that each American burns about 25 barrels of oil each year, each Briton 11 barrels and one Chinese about 2 barrels. With China and India that contribute almost 30% to the global population and their economies on the rise, one would suspect that their demand for oil will be up in 2016 and competing with the likes of America and the U.K.
Thus, nations around the world will explore their own land to look for oil and some nations will become selfish as they will use their resources for own purposes. The last piece American soil that is thought to have large quantities of oil to fuel them for decades is located with in the Arctic National Wildlife Refuge (ANWR). This remote place in Alaska will be the battlefield for a classic case where environmental preservation and oil supply will lock horns. If the government of that time will allow companies to drill there, they will admit U.S addiction to lower foreign oil by any means what so ever. Again the environment will come second best after the hunger for fossil fuel as it has done for almost two hundred years.
People around the globe and in particular in the West are beginning to accept the fact that their basic lives in terms of their ability to get around and their ability to heat their home, the fact that they have a job depend on stable geopolitics with the major oil producers. These are the words of one of the oil analysts in the movie: It is important to think today about what we can do to move away from the oil age, to build a more environmentally sustainable and a more secure economy that relies on fuel and broader variety of fuels that don’t bring with them all the political, environmental problems that oil does.
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